Announced

ICG to acquire RCA from Rigby Group.

Synopsis

ICG, an asset management and private equity firm, agreed to acquire RCA, a regional airport operator, from Rigby Group, a privately owned conglomerate. Financial terms are not disclosed. “We’re proud to be partnering with one of the UK’s most dynamic regional airport groups in a transaction that underscores our commitment to supporting high-potential infrastructure assets. Regional & City Airports enjoys very robust fundamentals with high-quality leadership, a successful regional focus, and strong revenue diversification. A key part of our plan will be to work with the team to further accelerate the transition towards sustainable operations while delivering on the attractive growth potential the platform offers,” Ludovic Laforge, ICG Managing Director.

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